When selling your home, it can be easy to get carried away with tons of home improvement projects. It’s important to be sure you’re making smart choices by getting the most resale value out of your hard-earned money and work.
Every year, Remodeling Magazine comes out with a new Cost vs. Value Report to compare the most popular remodeling projects with the value those projects retain at resale. These are the projects that provided the greatest return on investment for a mid-range home:
Steel Entry Door Replacement
Ave. Cost Recovered: 90.7%
A nice entry door is important to your house’s resale value because it’s the first impression buyers make as they approach your house. Steel entry doors are superior to other material options because they don’t warp from moisture or immediately bust if someone tries breaking in.
Peoria Siding & Window offers beautiful steel entry doors in over 25 stains and colors. These Energy Star qualified doors that will help you (or a new homeowner) save money on utility bills, increase comfort and help the environment.
Minor Kitchen Renovation
Ave. Cost Recovered: 80.2%
Minor kitchen remodel projects tend to perform better for your house’s resale value than a complete kitchen renovation. Small projects can make a big difference in updating the appearance of your kitchen and they tend to be a lot cheaper.
To keep your project cost low, our sister company Woodfront Kitchens offers cabinet refacing. Instead of replacing your cabinets completely, they can cover your existing cabinets in new paneling. Their beautiful Amish-made cabinets come in literally hundreds of wood, stain, frame, and center panel options.
Ave. Cost Recovered: 76.4%
Some of the best and cheapest projects for your house’s resale value do nothing more than improve the “curb value” of your home. Remodeling Magazine’s data showed that exterior remodeling projects recouped an average of 74.9% of funds invested.
Peoria Siding & Windows offers the best deals in high-quality siding in Central Illinois. We can install traditional siding, as well as board and batten, shake, scallop and vertical style siding.
Deck Addition (Composite)
Ave. Cost Recovered: 65.2%
Who doesn’t like to spend a sunny afternoon with a cool drink out on the deck? Decking projects are popular with homebuyers because having a beautiful, spacious deck is like having a vacation spot right in your home.
At Peoria Siding & Window, we offer Fiberon’s Horizon Decking with PermaTech™ as well as as Pro-Tect Decking. Our Fiberon Horizon Decking is resistant to stains, scratches, splits, mold, mildew, moisture and insects- which means practically no maintenance. You won’t spend any more hot, summer weekends re-staining your deck.
Ave. Cost Recovered: 68.8%
New roofing may not be the most fun remodeling project, but there’s a reason it improves your home’s resale value. Other than providing curb appeal and beauty to your home, a new roof won’t have the years of damage and weathering that your current roof has.
Universal Bathroom Design
Ave. Cost Recovered: 68.4%
Universal bathroom designs are becoming popular because they can support any living situation- including living with elderly or special needs individuals. This design trend is especially important for your house’s resale value because the design features make it possible for any buyer to use your bathroom. Common updates include installing support-grab bars and no-threshold showers.
Our sister company, Custom Bath Solutions can convert your tub to a no-threshold shower to allow for easier entry and exit. Their customizable showers use non-porous acrylic materials that are resistant to mold and mildew. That means less time you or a new homeowner has to spend scrubbing the shower.